112 Royal Oak LN, Lakeway TX 78734

The estimated value of this property is $988,266, based on 4 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $969,000 and $1,008,000. With 3 comparable homes on the market in 78734, this price positions the property as the most affordable of 3 comparable homes on the market. This home's larger footprint (209 sqft vs the comp average) plays a role in how the market prices it. The pool is a standout feature, with 2 of 4 comparable homes not offering one. Current inventory shows 3 comparable homes in 78734; a buyer's market based on recent absorption. Recent trends in 78734 show home values have risen 9.5% since 6 months ago. The most comparable recent sale is 5 Leafdale PT, The Hills TX 78738, with an adjusted value of $900,742; with a smaller floor plan. Based on 4 relevant data points in 78734, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX